This report examines the market for all distributed energy resources, including energy storage. The report extensively discusses New York's Reforming the Energy Vision Initiative, and the various demonstration projects that are underway in the state. The report indicates that energy storage has experienced the highest growth rate of all DERs, and that its importance will only continue to grow.
In January 2017, Governor Andrew Cuomo announced a negotiated agreement to close Indian Point nuclear facilities. At that time, he committed to replace the plant’s two units with clean energy, with no net increase in carbon emissions. This is a big goal, but one New York can achieve by using a portfolio of resources which includes energy storage.
The New York State Energy Research and Development Authority (NYSERDA) announced that jobs in the State’s energy storage sector grew to approximately 3,900 – a 30 percent increase from 2012 through 2015, according report completed in October 2016.